W, of N. Book I, chap. vu ; vol. I, p

41. W. OfN, Book IV, chap. vu; vol. II, p. 145. Nous traduisons, par le mot cdasse», le mot order employé par Adam Smilh.

42- W, ofN, Book I, chap. xi; vol. I, p. 264. — Book IV, chap. vu; vd. II, p. 180. — Car « le grand objet de Téconomie politique, c'est d*accrottre la riebëne et le pouvoir » d*un paya déterminé (Book II, chap. v ; vol. I, p. 377). Blaia comment Taccrottre sans améliorer la condition de la classo la plus nombreuse? « Servants, labourers, and workmenof différent kinds make ap the far greater part of every great political society. But what improves the circumstances of the greater part can never be regarded as an ineonvenieney to the whole. No society can surely be flourishing and happy, of lihieh the for greater part of the roembers are poor and mise-

340 NOTES. (Pp. 182-186)

rable. It is but equity, besides, tliat they who feed, clothe, and lodge tbe whole body of the people, should bave sucb a share of the pruduee of their own labour as to bc tbemselves tolerably well fed, clothed, aod lodged >. (Book I, chap. viii ; vol. I, pp. 82-3).

43. W, ofN, Book I, chap. xi ; vol. I, p. 153. — Adam Smith établit cependant une opposition radicale {W, of N. Book I, chap. vu ; vol. I, p. 64) entre le prix de monopole et le prix naturel. « The price of monopoly is npon every occasion the highest which can be got. The natural price, or the price of free compétition, on the contrary, is the lowest which can bc taken, not upon every occasion, indeed, but for any considérable time together. The one is upon every occasion the highest which can be squeezed out of the buyers, or which, it is supposed, they ^U consent to give : the other is the lowest which the sellers can coromonly aiîord to take and at the same time continue their business. »